TORONTO, ONTARIO--(Marketwire - July 24, 2012) - SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") announced today that it has entered into a Memorandum of Understanding ("MOU") to grant a master license ("Master License") to Valshire, LLC ("Valshire") for the exclusive development of SPoT Coffee cafés in the state of Florida. In addition to earning an ongoing licensing fee charged quarterly as a percentage of each café's revenue, SPoT will also earn revenue based on the supply of SPoT's award winning micro-roasted coffee, related coffee products and corporate branded material. The initial expansion of cafés will focus on southern Florida and all Florida cafés will continue to be developed and operated based on the café operating model successfully established by SPoT. In addition to this driving SPoT expansion in Florida on a system-wide basis, this initial regional license will allow the Company to further develop and refine a broader regional licensing strategy which it can then roll out on a larger scale across North America to drive greater system-wide café expansion.

Valshire is a private Florida-based corporation that is controlled by Hassan Dahlawi, SPoT's largest shareholder and long-term supporter of the Company. Mr. Dahlawi is also a Director of the Company. Based on the terms of the MOU and the Florida Master License, Valshire has agreed to open not less than nine cafés in Florida (including its ability to sub-license) which includes the current SPoT café operating in Del Ray Beach, Florida. As part of this agreement, Valshire will be taking 100% ownership in the current Del Ray café and SPoT will take 100% ownership in the Rochester café, both of which were previously co-owned with Valshire on a 51/49% basis. SPoT will receive cash payments compensating for historical development costs. Both SPoT and Valshire have agreed to complete a formal agreement with corporate and exchange approvals no later than July 31, 2012.

"With all current locations performing extremely well and our growth plans for the North American expansion program ahead of schedule, now is a great opportunity to begin looking at developing a licensing model for the North American market," said Mr. Anton Ayoub, President of SPoT Coffee. "Valshire has been a strong partner for SPoT since inception and we are excited to work with them on developing the infrastructure for a corporate licensing program which we will ultimately replicate in different regions across the United States and Canada."

The foregoing transaction is subject to review and approval by the TSX Venture Exchange. As Mr. Dahlawi is a director and significant shareholder of the Company, both he and Valshire are considered to be "Non-Arm's Length Parties" under the rules and policies of the Exchange. Notwithstanding the foregoing, the proposed transaction is expected to be exempt from valuation and minority shareholder approval requirements under applicable securities laws.

ABOUT SPOT COFFEE

SPoT Coffee trades on the TSX Venture Exchange under the symbol SPP. SPoT designs, builds and operates community oriented cafés that provides its customers with the highest quality service, signature made-to order meals and the world's finest in-house roasted gourmet coffee. Each SPoT café is distinctively designed to meet the uniqueness of the local neighborhood, creating a warm and friendly gathering place for the community. SPoT's commercial business focuses on retail stores, business accounts and third party resellers such as universities and hospitals.

Forward Looking Statements

Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except as required by applicable securities requirements, the Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

TORONTO, ONTARIO--(Marketwire - March 5, 2012) - SPOT COFFEE (CANADA) LTD. (TSX VENTURE:SPP) ("SPoT" or the "Company") is pleased to announce that Mr. Anton Ayoub has been appointed the President of the Company. Mr. Ayoub will replace Mr. Raymond J. Stapell who will continue to remain a Director on the board and the Company's chief legal advisor.

The directors and management team of SPoT would like to thank Mr. Stapell for his time and dedication to the Company. Under Mr. Stapell's direction, Spot has expanded to ten cafés currently operating and under development and has benefitted from strong operational improvements. As SPoT embarks on a period of more aggressive expansion, the Company welcomes Mr. Ayoub to SPoT and is confident he will be a key driver of the entire SPoT team as the company expands its operations nationally and internationally.

Mr. Ayoub is very familiar with SPoT Coffee's concept, operations and has been a driver of the Company's recent expansion as he has acted as Senior Project Manager for the construction of all SPoT's new cafés and more recently as Vice President of the Company.

"I am pleased with the appointment of Anton as President of SPoT," commented John Lorenzo, Chairman of the Board. "I have been successfully working with Anton for years and he has extensive experience in the food and hospitality industries. He shares my passion and vision of the Spot concept and I'm confident that all of us at Spot will benefit under his direction."

Mr. Ayoub has extensive experience in the food and hospitality service industry including food manufacturing, set-up of food production plants as well as in the establishment of a chain of upscale corporate-owned cafés.

Mr. Ayoub graduated with an engineering degree from the University of Toronto in 1982 and is a professional engineer in Ontario.

In the early years of his career, Mr. Ayoub worked internationally, executing various projects in the hospitality, entertainment and educational field including a luxury hotel and water theme park in Spain, a stadium for international competitions in Jordan and master-planned communities in Belgium. He then spent time in Europe where he worked with food equipment manufacturers in France, Belgium, the Netherlands, Italy and Austria with special focus on developing innovative, custom built food production equipment and machinery for use in high volume food production applications.

Upon his return to Canada in 1994, he started a business with a group of associates that specialized in the high volume production and sale of fresh waffles. This business venture allowed him to utilize the widespread experience he had gained in this field while working in Europe. The recipes were stabilized which supported the sale of the plain, flavoured and chocolate-dipped waffles at supermarket chains in North America and other parts of the world. During this time, he oversaw the design and construction of two major production plants in Ontario. Both of these plants achieved HACCAP and ISO certification. This venture achieved fast growth and high sales and was acquired a few years later by a multinational food corporation.

Under a separate division of the waffle production company, Mr. Ayoub established a chain of upscale European-style café-restaurants that was equally successful and was sold independently.

SPoT continues to strategically grow and recently announced the location of its tenth café in Saratoga Springs, New York. The first of several new cafés targeted for this community. The Company is continuing to identify new locations consistent with SPoT's location and demographic criteria. Spot reiterates that ample opportunities exist that may facilitate accelerated growth ahead of the Company's expansion schedule.

About SPoT

SPoT (www.spotcoffee.com) designs, builds and operates community-oriented cafés that provide its customers from every lifestyle and culture with the highest quality service, signature light meals and in-house roasted gourmet coffee. The current SPoT management team and directors have been successfully operating company-owned cafés since 2004.

Each SPoT café is a popular and friendly gathering place for its community where specialty coffee, upscale beverages, fresh baked goods, signature sandwiches, soups, salads and gourmet pizza, cakes, pastries and home baked goods are offered and enjoyed by its patrons in a warm, friendly and home-like environment.

The Company currently operates seven cafés that range in size from 2,000 to in excess of 4,000 sq. ft. with three more cafés currently under development. Spot is currently evaluating several locations as part of its North American expansion.

Unlike other conventional gourmet coffee houses and quick service restaurants that are built on uniformity of product and style, each SPoT café maintains several unique and key features, including:

• Dedication to create a friendly environment that nourishes and intensifies a sense of gathering and of community;
  
  
  


• In-house roasting and blending SPoT's own award-winning premium Arabica coffee;
  
  
  


• Unwavering commitment to offer the customers of the Company the highest quality products and services;
  
  
  


• Innovative and varying café designs that consider both the culture and flavor of the specific communities of each café;
  
  
  


• Choice of corner locations for each SPoT café at the center of their neighborhoods;
  
  
  


• Ability to offer intimate and warm ambiances in each café to suit the social and private moods of SPoT's patrons; and
  
  
  


• Trained and dynamic service staff that are proud to call themselves "Spotters" who enjoy serving their customers and make them feel at home.
  
  
  

Forward Looking Statements

Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except as required by applicable securities requirements, the Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.